Robin Energy Ltd. (RBNE) to Distribute Special Dividend of $0.10 on November 20th

Robin Energy Ltd. (NASDAQ:RBNE) announced a special dividend on Monday, November 2nd. Stockholders of record on Monday, November 16th will be given a dividend of $0.10 per share on Friday, November 20th.

Robin Energy Stock Up 3.6%

Shares of RBNE opened at $0.16 on Wednesday. Robin Energy has a 12-month low of $0.12 and a 12-month high of $92.25. The firm has a market capitalization of $208,012.00, a PE ratio of 0.03 and a beta of 2.35. The stock’s fifty day simple moving average is $1.87 and its 200-day simple moving average is $19.78.

Robin Energy (NASDAQ:RBNE) last announced its quarterly earnings data on Wednesday, September 23rd. The company reported $2.03 EPS for the quarter. The firm had revenue of $2.60 million during the quarter. Robin Energy had a return on equity of 21.48% and a net margin of 39.36%.

Robin Energy Company Profile

Robin Energy Ltd. is a shipping company focused on the ownership and operation of tanker vessels. The company provides maritime transportation services for liquid bulk cargoes, including refined petroleum products and other energy-related commodities.

Robin Energy’s vessels serve international trade routes, transporting cargoes between ports in major global shipping markets. Its business is influenced by demand for seaborne energy transportation, vessel utilization and prevailing conditions in the product tanker market.

The company is headquartered in Limassol, Cyprus, and is led by Aristides Pittas, who serves as executive chairman and chief executive officer.